ERIE Q2 2021 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q2 2021 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$680M+3.5% YoY

Gross Profit

$85M12.5% margin

Operating Income

$85M12.5% margin

Net Income

$79M11.6% margin

EPS (Diluted)

$1.51

QoQ Revenue Growth

+7.9%

Cash Flow

Operating Cash Flow

$94M

Free Cash Flow

$77M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$919M

Stockholders' Equity

$1.2B

Cash & Equivalents

$156M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$680M	$657M	+3.5%
Gross Profit	$85M	$91M	-6.7%
Operating Income	$85M	$91M	-6.7%
Net Income	$79M	$82M	-3.6%

Revenue Segments

Service Agreement

$6M100%